Tds on salary
This query is : Open
Sreejith. M
(Querist)
21 April 2018
April month salary giving to staff on 5th of May, then TDS have to remit within 7th of May or 7th of June ? Experts kindly advise. Tally software is using. TIA.
KAVIRAJA ADDANGADI
(Expert)
21 April 2018
TDS to be deducted Either booking expenses or Payment, Salary normally accounted month End, question of payment is immaterial, you have to deduct TDS on Salary while booking Exps same to be remitted before 7th of Subsequent month.
Message likes :
1 times
21 April 2018
@ Kaviraja Ji
Liability to deduct tax at source shall arise at the time of actual payment of salary
and not at the time of accrual.
Liability to deduct tax at source shall arise at the time of actual payment of salary
and not at the time of accrual.
Message likes :
1 times
22 April 2018
Yes... I agreed to Mr B Chackrapani Warrier Sir..
TDS on Salary will be deduct payment basis...
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Under marginal scheme
- Oct 2025 Invoices
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
